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The UK and most of the world's economies are increasingly unsustainable, unfair and unstable. It is not even making us any happier – many of the richest countries in the world do not have the highest wellbeing.

From 30th March 2012, the activities of the Oil Depletion Analysis Centre (ODAC) were taken over by the New Economic Foundation (NEF).

ODAC was founded in June 2011 as an independent, UK registered educational charity on the belief that an informed public debate about the likely impacts of depleting oil supplies is critically needed. A growing number of experts now predict that world oil production will reach its ultimate peak within a few years and then start permanently to decline, while the prevailing view of most energy policy-makers and institutions is that near-term oil supply is mainly an economic and geopolitical concern. Under almost any scenario, however, lead time is running short for a smooth transition to new energy systems and a less oil dependent way of life.

For all the latest news and views on energy please subscribe to the Energy Crunch newsletter below, which has taken over from the ODAC newsletter.

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The new fortnightly e-mail from NEF is focused on the crucial relationship between energy, the economy and the environment. Every two weeks we round up the most important developments, highlight stories you may have missed, and offer our take on what’s really going on behind the headlines.

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